Opinion about GOptions

GOptions is the investment platform of Go Trading Technologies LTd, it allows trading with a good amount of underlying assets and has an attractive website. But is it a scam? The truth is that GOptions is unlicensed and has several worrying features. However, on the net you will find a large number of brokers with the most disparate offers and services. In Estafa.info we have created an entry with the best online brokers of 2018 to help you in the arduous task of choosing a portal that suits your needs while ensuring secure transactions and operations.

Here you will find out what their educational section is like, their customer service, payment methods, what their bonuses are like and many other details about the investment experience with this broker. With the information from our reviews, we hope to help you to be able to choose a good online broker make it perfect for what you need.

Our experience with GOptions

In this case, we are talking about a simple broker, which offers us just enough to be able to operate without many frills. Although the website looks good, the truth is that it lacks some depth. Its use is simple and it works well, but we could expect a little more content. As for security, the same thing happens a little. The company is registered in Bulgaria, which means that it does not have to follow the dollar regulations and that it does not have the same security guarantees as a licensed broker.

One of the most remarkable aspects of this platform is that it is not available in New Zealand. Yes, we have it in English, to which we must add German, Russian, Arabic and Greek. Being a young company, it already accumulates some experience in the world of binary options. Specifically, it was founded in 2009 and since then it has offered its services uninterruptedly.

Is GOptions a scam?

The truth is that we are dealing with a broker that has some security gaps, but in our opinion it is not a scam. Not having a license, is very different from dedicating yourself to scams. Most of the unlicensed platforms are not engaged in fraud and offer services similar to those of licensed companies. However, when problems occur, the investor is helpless because no law or institution can really defend him.

There are various complaints on the internet, some of them very well documented with screenshots included, in which users report their problems withdrawing money from this broker. Therefore, since Estafa.info we see no reason to use their services, when you can trade through any of the other licensed brokers out there.

If for some reason you are really interested in this broker, we recommend that you enter little money. In any case, we encourage you to read our security analysis below. If you plan to invest large amounts, it is probably better that you opt for another, more consolidated option.

Investment offer

The offer of this investment website is not bad at all. You can invest in binary options on stocks, indices, currency pairs and commodities and it allows you to do with certain functionalities that are quite useful such as the possibility of extending the expiration period of the binary option, closing it before the end of the term, doubling its amount or even configuring a binary option to your liking, for which they will offer you a price automatically thanks to their risk assessments.

It should also be noted that there are 5 different types of accounts depending on income. The higher the deposit, the higher the promised benefits. For example, the most basic account is from $200 or $250. The truth is that the information is quite confusing and in some places it is stated that the minimum income is 200 and in others 250 $. This account entitles you to a welcome bonus ranging from 25 to 50% and access to training webinars. In the following section we will inform you in great detail in which underlying assets you can invest using the services of this broker.

Binary options trading

When choosing a broker to invest online, two fundamental aspects must be taken into account: security and investment offer, or what is the same in what you can invest. Let's see it:

If you like to invest in company shares, here you can trade shares of 11 international companies: Axis, Gazprom, Lukoil, HSBC, Rosneft, S. Bank India, SBerbank, Tata Motors, Tata Steel, Tencent, VTB Bank. If you prefer indexes, you will have access to 7 of them: MICEX, Bombay, Hang Seng, Hang Seng F, Nifty F, RTS F, Straits. As for raw materials, you can invest in gold, with respect to the dollar and the dollar, and in silver. About currency pairs the thing improves a lot because there are 28 available, being the only really serious offer of this platform.

Yes, the different types of investment are more interesting: pairs, long-term, turbo, one touch, ladder, forex, spot follow and limits, although the latter is not available at the moment. The functionalities about the options that we told you about above in the general section of the offer are also good.

Welcome bonus

The GOptions welcome bonus depends on the deposit that is made. From there the amount they can give you is little less than random. If you check the page you will see a nice table in which just below 250 – 500 25% bonus, you will see that the bonus is 50%...The same goes for the other accounts. While the title announces one thing, then the content says another. What is certain is that you can get a bonus and that it would be best to negotiate it directly with customer service. Now, keep in mind that the bonus is the perfect excuse so that later you can not take out your money.

To withdraw the money, you need to trade the bonus amount 40 times. The problem is that if the bonus exceeds 25% of your deposit, until you meet this condition they will not let you withdraw your own money either. Something totally inadmissible.

GOptions payment methods

We have already commented that withdrawing money from this broker may not be easy. But we are also going to see what methods they offer to enter:

If you want to deposit money, you can do it by credit or debit card, bank transfer, Netellet, Skrill or WebMoney. To make income we have not detected any problems, and you will be able to start trading promptly.

To withdraw the money you have the same methods as to enter. However, you must bear in mind that you must have fulfilled the conditions of the welcome bonus, if not, you will have restricted withdrawals. The minimum amount that can be withdrawn is $100 and all withdrawals are charged with different commissions. Please note that only one withdrawal is allowed every 30 days. To be able to withdraw profits, you must have traded at least 10 times the amount of your deposit.

They can also charge you a commission of $ 25 or 12% of your balance if they consider that your account is inactive, which happens if there are fewer than 25 movements in three months.

GOptions safety and regulations

We cannot claim that GOptions is a scam, but we can say that its conditions are suspicious. First of all it is an unlicensed broker. This alone does not mean anything, since although the license is desirable, there are many safe brokers without it. Not having a license implies that the broker has no obligation to have segregated accounts, in such a way that it can use your money for its own payments, it does not have to be part of a compensation fund, in such a way that if it does not pay you, you will not be able to recover your money and it does not have to follow the EU transparency policies.

The conditions of the welcome bonus are unacceptable, but even more so is the fact of not being able to take out your benefits if you have not operated your income 10 times. In addition, the website does not have the SSL protocol to prevent fraud.

That is, regardless of whether the company is a scam or not, something we cannot affirm, what is clear is that it does not meet the necessary conditions to make significant money income. Let's not talk about amounts above $ 10,000 as they intend to opt for one of their highest rank accounts.

Given what is in the company's offer, we see no reason to want to open an account here, but even if there were, it would not make sense to do so, because there are no guarantees that the benefits would be real.

Customer service

Customer service is only available in English. The truth is that it is a very friendly service and they take care of you very quickly, at least in the live chat. The problem is that they don't have much to say. If you ask them that as you can be sure that they are a safe option to invest, they answer that they are making an effort to prove it and automatically ask if you have an account to offer you a bonus. The truth is, we cannot evaluate this section negatively, but the information is not convincing enough as one expects from a website in which a lot of money is going to be invested.

Functionality of the website

The website works perfectly. You can invest in a very simple way with the classic binary options interface with a large central chart and the buy and sell buttons on the right. All this in English, but with an intuitive design in which even without knowing the language you can trade perfectly if you know the basics of binary options. The big problem, as we have already said, is that the connections to the platform are not encrypted.

Mobile application

The broker has two mobile apps. One for Android users on Google Play and one on iTunes for those who have an Apple device. At this point we can say, the apps work correctly, although they do not allow you to withdraw the money, which should not surprise anyone.

Finding

A dubious broker that cannot be said to be a scam, but also that does not give us a hint of confidence. Without a license, without data encryption, with abusive conditions and with a mediocre investment offer. They may improve their offer in the future and we will be happy to review this review, but as of today, we cannot recommend it. When investing, it is as important to choose well what you are going to invest in as where or through which platform to do it. There are many possibilities on the market with their strengths and weaknesses. Sometimes a good offer can compensate for taking a risk, especially if the amount you risk is small and we want to try, but this broker does not offer us anything. The supply of funds is very limited, from companies that are generally uninteresting to New Zealand investors. If anything, only the currency pairs section is saved a little. So our recommendation is not to put money here. The best thing you can do is consult our list of regulated binary options brokers .